Sign inSubscribe

Search Site

VideosInforgraphics
Sign inSubscribe

Business, Economy, Markets

Salik 9M net profit $223m

The company's third-quarter profit increased by 8.8 percent.

Avia to buy 40 Boeing aircraft

The transaction for the purchase of 737 MAX 8 jets valued at $4.9bn.

Emirates half-year profit $2.5bn

The record profit is subject to new 9% corporate tax for the first time.

Lulu’s IPO raises $1.72bn

The proceeds make it the largest UAE IPO of 2024 to date.

DAE 9M net profit $310m

The company said this was a 54.9 percent YoY increase in net profit.

Dubai real estate market posts sales worth $248m

11 land plots valued at AED28.83 million were also transacted
By TRENDS Desk
March 8, 2022 9:30 pm
  • Mortgage deals worth $48.27 million was also recorded in Dubai
  • This was in addition to 70 gift transactions amounting to $34.5 million

Dubai’s real estate market recorded 368 sales transactions worth AED909.66 million ($247.66million) and mortgage deals of AED177.3 million ($48.27 m).

This was in addition to 70 gift transactions amounting to AED126.81 million ($34.5 m) Monday, data released by the emirate’s Land Department (DLD) showed.

The sales included 325 villas and apartments worth AED735.99 million ($200.38m), and 43 land plots worth AED173.66 million ($47.28m).

Additionally, the mortgages included 103 villas and apartments worth AED148.47 million ($40.42m) and 11 land plots valued at AED28.83 million ($7.85m).

This brought the total realty transactions of  Monday to over AED1.2 bn ($330million).

Most Read